The Qatar International Court has ruled that Guardian Wealth Management Qatar is to pay its joint liquidators an additional £100,806.25 ($140,708, €115,163) in fees for work related to the company’s exit from the country.
The Qatar Financial Centre Regulatory Authority has imposed two fines plus costs on Guardian Wealth Management Qatar (in liquidation), a move the company suggests is in retaliation to its decision to cease operating in the country in 2015.
Guardian Wealth Management’s training and technical director, Darren Jones, has left the company to join deVere Group in a similar role.
Qatar’s International Court has served a notice on Guardian Wealth Management Qatar LLC, setting a hearing date of Tuesday 24 April for the liquidators just over two years after the international adviser firm decided to exit the independent emirate state.
The UK arm of Guardian Wealth Management Group’s international business has received corporate chartered status, the company confirmed to International Adviser.
Guardian Wealth Management has swiftly named the successor to John Green, the manager of its Abu Dhabi office who last month returned to rival the deVere Group.
Women are underrepresented in offshore financial planning, prompting one advice firm to set itself tough targets to tackle the gender gap.
The manager for Guardian Wealth Management’s Abu Dhabi office is to return to the deVere Group, with almost immediate effect.
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Guardian’s chief commercial officer Mike Coady will be officially leaving the company in January 2018, the firm has announced.
The winners in the Middle East for International Adviser’s Best Practice Adviser Awards 2017 series were revealed on 22 November at the Shangri-La Hotel in Dubai.
Guardian Wealth Management has opened an office in Basel, Switzerland and poached a duo from deVere to run it.
